Before clarifying your question of above, I use Sharekhan (Trade Tiger) & Integrated (ODIN). I couldnt able to get the tick data from ODIN for TATASTEEL today and i referred to the Intraday data of Sharekhan. I have attached the chart of Tatasteel (15min) which I have taken today. I mostly (99.99%) rely on ODIN tick data as this will exactly match with the exchange data.
If you look at the chart attached the first candle ending with time 9.29 made a high of 379.25, Low of 375.30 and closed above ATP 377.10. Our trade got fullfilled in 10.29 and we are in trade with S/L 375.30 But the price didnt move further (made a high of 379.90) and finally SL hit at 14.29pm If u look at the SL candle the candle touch the ATP and closed below ATP and hitting our SL also. The SL candle made low of 375.10 and we initiate sell order at 375.10 with SL of 378.10. Our order got fulfilled in the next candle and remaining the price went below and touched 369.15 and closed at 369.60 thus giving us a profit of Rs.5.50/-
Just to summarise
1). The first trade P/L : -3.95
2). Second trade P/L : 5.50
Nett : 1.55 (excluding brokerage)
Karthik
http://i.imgur.com/dH9bc.jpg